Note AcademyNote Academy

Economics (AS & A Level) · Oct / Nov 2022 · Paper 31 · Question 13

9708Equity and redistribution of income and wealth

Some workers in a low-paid job decide to work longer hours to increase their disposable income. However, this decision reduces state-provided benefits, leaving them worse off. What does this describe?

  1. Adebt trap
  2. Bliquidity trap
  3. Cpoverty trap
  4. Dunemployment trap

As printed in the paper

Show the answer

Correct answer: C. poverty trap

Make a free account to save your answers and see your weak topics and ask the AI why a wrong answer is wrong.